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    Principles of Microeconomics
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    Exam 10: Externalities
  5. Question
    Which Concept Suggests That the Private Market Can Be Effective
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Which Concept Suggests That the Private Market Can Be Effective

Question 130

Question 130

Multiple Choice

Which concept suggests that the private market can be effective in dealing with externalities


A) the "invisible hand"
B) the law of diminishing social returns
C) the Coase theorem
D) technology policy

Correct Answer:

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